document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=385766>Question 385766</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Of the $50,000 that Natasha pocketed<BR>\n" );
document.write( "on her last real estate deal, $20,000 went to charity. She<BR>\n" );
document.write( "invested part of the remainder in Dreyfus New Leaders Fund<BR>\n" );
document.write( "with an annual yield of 16% and the rest in Templeton<BR>\n" );
document.write( "Growth Fund with an annual yield of 25%. If she made<BR>\n" );
document.write( "$6060 on these investments in 1 year, then how much did she<BR>\n" );
document.write( "invest in each fund?<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #272865 by </B><A HREF=/tutors/aboutme.mpl?userid=mananth><B>mananth(16949)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=mananth><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=mananth><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=272865\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Of the $50,000 that Natasha pocketed<BR>\n" );
document.write( "on her last real estate deal, $20,000 went to charity. She<BR>\n" );
document.write( "invested part of the remainder in Dreyfus New Leaders Fund<BR>\n" );
document.write( "with an annual yield of 16% and the rest in Templeton<BR>\n" );
document.write( "Growth Fund with an annual yield of 25%. If she made<BR>\n" );
document.write( "$6060 on these investments in 1 year, then how much did she<BR>\n" );
document.write( "invest in each fund?<BR>\n" );
document.write( "...<BR>\n" );
document.write( "Investment = 50,000 -20,000=30,000<BR>\n" );
document.write( "...<BR>\n" );
document.write( "Dreyfus New Leaders Fund-16% -------------  $x<BR>\n" );
document.write( "Templeton Growth Fund - 25%. ------------- 30,000-x<BR>\n" );
document.write( "$6060  interest<BR>\n" );
document.write( "...<BR>\n" );
document.write( "16x+25(30000-x)=6060*100<BR>\n" );
document.write( "16x+750,000-25x=606,000<BR>\n" );
document.write( "-9x=606,000-750,000<BR>\n" );
document.write( "-9x=-144,000<BR>\n" );
document.write( "/-9<BR>\n" );
document.write( "x=16,000 in Dreyfus New Leaders Fund<BR>\n" );
document.write( "...<BR>\n" );
document.write( "Balance in Templeton Growth Fund<BR>\n" );
document.write( "m.ananth@hotmail.ca </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );